Klöckner & Co SE (ETR:KCO) Trading 1.5% Higher – Still a Buy?

Klöckner & Co SE (ETR:KCO)’s share price rose 1.5% during mid-day trading on Wednesday . The company traded as high as €12.28 and last traded at €12.20. Approximately 537,621 shares were traded during trading, a decline of 10% from the average daily volume of 600,641 shares. The stock had previously closed at €12.02.

Klöckner & Co SE Stock Performance

The company has a quick ratio of 0.80, a current ratio of 2.21 and a debt-to-equity ratio of 48.47. The firm has a market capitalization of $1.22 billion, a P/E ratio of -4.63, a price-to-earnings-growth ratio of -0.08 and a beta of 1.52. The company’s 50 day moving average is €11.30 and its 200-day moving average is €8.22.

Klöckner & Co SE Company Profile

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply. The company also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off.